The Polycarbonate Global Market Report 2023, provides comprehensive information on the polycarbonate market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/polycarbonate-global-market-report
The global polycarbonate market size is expected to grow from $21.45 billion in 2022 to $22.82 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of polycarbonate market is expected to reach $28.38 billion in 2027 at a CAGR of 5.6%.
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Innovative solutions are a key trend gaining popularity in the polycarbonate market. Major companies operating in the polycarbonate market are focused on innovative solutions to meet demand and sustain their position in the market. For instance, in May 2023, Essentium Inc., a US-based chemical manufacturing company, launched Essentium Altitude, the first polycarbonate material to withstand extreme cold temperatures. Up to -60°C. Because of this, business players have a unique opportunity to quickly make parts that can resist freezing temperatures when needed, saving money, cutting waste, and simplifying the supply chain at the pace of relevance. It is the most recent innovative material that greatly increases the use of 3D printing for outdoor and high-altitude applications. Essentium Altitude, designed to survive extreme cold, UV rays, and fires, establishes a new benchmark for high-performance components in the aerospace, automotive, cold storage, maintenance, and construction sectors.
The polycarbonate market is segmented:
1) By Type: Foil, Strips, Sheets, Film, Plates, Tubes, Fibers, Other Types
2) By Processing Technology: Injection Molding, Extrusion
3) By Grade: General Purpose Grade, Flame Retardant Grade, PC Alloyed Grade, Medical Grade, Food Grade, Other Grades
4) By Application: Transportation, Electrical And Electronics, Construction, Packaging, Consumer Goods, Optical Media, Medical Devices, Other Applications
Asia-Pacific was the largest region in the polycarbonate market in 2022.
The table of contents in TBRC’s polycarbonate market report includes:
1. Executive Summary
2. Polycarbonate Market Characteristics
3. Polycarbonate Market Trends And Strategies
4. Polycarbonate Market – Macro Economic Scenario
5. Polycarbonate Market Segmentation
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26. South America Polycarbonate Market
27. Brazil Polycarbonate Market
28. Middle East Polycarbonate Market
29. Africa Polycarbonate Market
30. Polycarbonate Market Competitive Landscape And Company Profiles
Top Major Players:
- BASF SE
- The Idemitsu Kosan Company Ltd
- Saudi Arabia’s Basic Industries Corporation (SABIC)
- LG Chem Ltd
- Wanhua Chemical Group Co Ltd
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